Swelect Energy Systems Ltd Q1 FY2023-24 consolidated PAT rises to Rs. 10.90 crores

Swelect Energy Systems Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 97.7518 crores during the period ended June 30, 2023 as compared to Rs. 101.9148 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 10.9073 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 3.4953 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 7.62 for the period ended June 30, 2023 as compared to Rs. 2.88 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 97.7518 crs	₹101.9148 crs	-4.08%
Net Profit	₹10.9073 crs	₹3.4953 crs	212.06%
EPS	₹7.62	₹2.88	164.58%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 97.7518 crores during the period ended June 30, 2023 as compared to Rs.64.8222 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.10.9073 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-2.6787 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.7.62 for the period ended June 30, 2023 as compared to Rs.-1.79 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 97.7518 crs	₹64.8222 crs	50.80%
Net Profit	₹10.9073 crs	₹-2.6787 crs	507.19%
EPS	₹7.62	₹-1.79	525.70%

Shares of Swelect Energy Systems Limited was last trading in BSE at Rs. 542.60 as compared to the previous close of Rs. 546.15. The total number of shares traded during the day was 9148 in over 445 trades.

The stock hit an intraday high of Rs. 553.95 and intraday low of 530.25. The net turnover during the day was Rs. 4976534.00.

Source : Equity Bulls

Keywords

SwelectEnergySystems Q1FY24 ResultUpdate